Few expected that in may the situation in the housing market will be better than in April. She did not. Many buyers and sellers of apartments are aware of the danger of infection by the coronavirus and has postponed the transactions until better times. Basically the “refuseniks” are representatives of middle and older generation — those over 40. In contrast, the youth ignores the precaution and is not afraid to go to potential homes. This group of Russians forms at least some activity in the housing market.
the Number of transactions of purchase and sale in may was 4 times less than in March, are making advances — in 8 times; every third party to put the decision of housing problems. Demand 80% was formed by young people (25-40 years). They are willing to personally come to the viewings, however, the failure of many sellers from contacts and impressions becomes to potential buyers serious obstacle. These data lead experts of INKOM-Nedvizhimost.
— Usually for the transaction to “secondary housing” requires the participation of three people: the seller, buyer and realtor, performing the role of mediator, — commented the Director of the secondary market Sergey Shloma. — However, in the current conditions of each third party market, including some realtors, adheres strictly to a regime of self-isolation, therefore, cannot fully address issues of purchase and sale of housing. As a result, almost every “triangle” is at least one party refusing at the time of the collaboration, what the deal (and sometimes a chain of alternative transactions) can not take place.
for example, apartment costs in the sale, but her owner is afraid to hold views, even in spite of increased interest in housing. Or Vice versa — the seller is willing to meet with a potential buyer, but the latter asks to postpone the inspection of the housing and the advance payment before the end of the quarantine. There are cases when the buyer applies to the proven realtor to participate in the viewing of apartments, check the legal purity of the selected object and helped to seal the deal. But the agent, if he falls into a risk group due to age or health reasons, refuses to do this. “We anticipate that even after the removal of the restrictive measures of the citizens will still be minimum contact with other people, because of what the secondary market for some time will be, so to speak, on polyparse”, — says Sergey Shloma.
this is the first time in the history of contemporary real estate market, a crucial role to participate in the transaction on purchase-sale of housing is the age of the customer: the real demand is driven by the younger generation. Meanwhile, the activity of citizens of older age, especially 60 years or more, considerably weakened.
— EU��and in February we estimated the proportion of young customers (25-40 years) on the “secondary market” capital at 55%, in the current precarious situation, it is 80%. Many young people feel that the risks associated with a pandemic is greatly exaggerated. The same can be said about the sellers of this age, often agree to accept potential buyers. The older generation usually take a more robust position — waiting for to tackle the housing problem, in their opinion, it would be safer, — says the expert.
Despite the activity, not all young buyers can find and purchase a suitable apartment in the current environment. The reluctance of owners to show their objects can be a serious obstacle. In addition, some buyers expect a sharp decline in prices on the secondary market to fall.